Option trading for a newbie

MsFutures · Mar 13, 2009

Ben,

Good trade, especially ARO was up only briefly this morning and then stayed in red so far. The price you paid for the ARO call was quite good. Did you buy earlier in the day yesterday?

OptionsCharm

Ben74 · Mar 13, 2009

Quote from OptionsCharm:

Ben,

Good trade, especially ARO was up only briefly this morning and then stayed in red so far. The price you paid for the ARO call was quite good. Did you buy earlier in the day yesterday?

OptionsCharm

I bought the ARO's on Tuesday.

Ben74 · Mar 16, 2009

I believe FDS reports tomorrow. I bought 20 FDS March 40 calls at avg. price of $1.30. Paid ($2,629.90). Let's see if FDS can muster a rally move.

Ben

Ben74 · Mar 17, 2009

Sold 10 at $1.90 and 10 at $1.50. Not a bad gain I'd say. I got a gain of $740 on this trade.

Ben

Ben74 · Mar 17, 2009

Let's see if this one's a winner. I bought 20 ADBE March 17.5 calls at $1.15. I used ($2,330) for this trade.

Ben

frostengine · Mar 17, 2009

Ben,

Have to say i'm amazed at your picking ability so far

MsFutures · Mar 17, 2009

Ben,

You might just be a seasoned stock picker disguised as a "newbie". Luck can not be with a newbie so often times! That said, Good luck tonight on ADBE.

OC

frostengine · Mar 17, 2009

Looking at adbe after hours right now leads me to believe you have hit another winner.

TradinMadMan · Mar 17, 2009

hmm...being long calls on this one has me puzzled for the first time.

regardless...nice trading and keep it up.

Ben74 · Mar 17, 2009

Quote from frostengine:

Ben,

Have to say i'm amazed at your picking ability so far

Were you able to grab some too frost?